Butler National (OTCMKTS:BUKS) Shares Down 2.6% – Time to Sell?

Butler National (OTCMKTS:BUKS)’s share price dropped 2.6% during mid-day trading on Monday . The company traded as low as $3.60 and last traded at $3.60. Approximately 63,870 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 56,621 shares. The stock had previously closed at $3.6950.

Butler National Stock Performance

The firm has a market cap of $288 million, a P/E ratio of 12.00 and a beta of 0.14. The company has a current ratio of 1.88, a quick ratio of 1.54 and a debt-to-equity ratio of 0.34. The business’s fifty day simple moving average is $3.42 and its 200-day simple moving average is $2.86.

Butler National (OTCMKTS:BUKS) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $26.91 million for the quarter. Butler National had a net margin of 21.45% and a return on equity of 28.47%.

About Butler National

Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally. It operates through two segments, Aerospace Products and Professional Services. The Aerospace Products segment provides aircraft modifications to business-size aircraft, which include passenger-to-freighter configuration, radar systems, addition of aerial photography capabilities, search and rescue, environmental research, mapping, intelligence surveillance reconnaissance modifications, and stability enhancing modifications for Learjet, Beechcraft, and Cessna aircraft along with other specialized modifications.